Filter Criteria includes: Report order is by ID. Report is printed in Detail Format.
Account ID Account Description Debit Amt Credit Amt
1010 Money Market Account 16,700.00
1020 Checking Account 22,707.47
1040 IRA Savings Account 27,730.35
1045 WI State Retirement 35,612.00
1300 Prepaid Insurance 1,575.00
1450 Supplies 1,700.00
1500 Computer Equipment 7,905.68
4050 Royalty Income 9,920.90
6100 Dues and Subscriptions 45.00
6150 Auto Registration 210.00
6180 Automobile Expense 311.00
6300 Rent or Lease Expense 600.00
6400 Utilities Expense 196.46
7070 Deprec. Exp. – Automobile 950.00
7400 Postage Expense 49.00
Total: 145,134.22 145,134.22
James Crosby Designer
General Ledger Trial Balance
As of Dec 31, 2019
ASSETS
Current Assets
Money Market Account 16,700.00$
Checking Account 22,707.47
Prepaid Insurance 1,575.00
Supplies 1,700.00
Total Current Assets 106,024.82
Total Assets 136,180.03$
LIABILITIES AND CAPITAL
James Crosby Designer
Balance Sheet
December 31, 2019
5/14/2020 at 10:54 PM Unaudited – For Management Purposes Only
Current Liabilities
Publisher Advances 7,500.00$
Total Current Liabilities 7,500.00
Long-Term Liabilities
Total Long-Term Liabilities 0.00
Total Liabilities 7,500.00
Capital
James Crosby, Capital 117,814.28
James Crosby, Draw (2,400.00)
Net Income 13,265.75
Total Capital 128,680.03
Total Liabilities & Capital 136,180.03$
5/14/2020 at 10:54 PM Unaudited – For Management Purposes Only
Current Month Year to Date
Revenues
Teaching Income 2,716.19$ 43.70 8,148.57$ 45.10
Royalty Income 3,500.00 56.30 9,920.90 54.90
Utilities Expense 102.92 1.66 196.46 1.09
Water and Power Expense 75.45 1.21 264.54 1.46
Office Supplies Expense 403.06 6.48 403.06 2.23
Telephone Expense 45.95 0.74 126.03 0.70
Long Distance Company 75.49 1.21 203.19 1.12
Internet Service Provider 29.99 0.48 89.97 0.50
James Crosby Designer
Income Statement
For the Twelve Months Ending December 31, 2019
5/14/2020 at 10:54 PM For Management Purposes Only
Current Month Year to Date
Net Income 2,597.86$ 41.79 13,265.75$ 73.42
Current Month Year to Date
Cash Flows from operating activities
Net Income 2,597.86$ 13,265.75$
Adjustments to reconcile net
Prepaid Rent 600.00 0.00
Supplies 287.81 (1,700.00)
Publisher Advances (3,500.00) 7,500.00
Total Adjustments (336.72) 5,975.47
James Crosby, Capital 0.00 117,814.28
Used For
James Crosby Designer
Statement of Cash Flow
For the twelve Months Ended December 31, 2019
5/14/2020 at 10:54 PM Unaudited – For Internal Use Only.
Current Month Year to Date
James Crosby, Draw (1,200.00) (2,400.00)
Net cash used in financing (1,200.00) 115,414.28
Net increase <decrease> in cash 1,061.14$ 102,749.82$
Summary
Cash Balance at End of Period 102,749.82$ 102,749.82$
Cash Balance at Beg of Period (101,688.68) 0.00
Net Increase <Decrease> in Cash 1,061.14$ 102,749.82$
5/14/2020 at 10:54 PM Unaudited – For Internal Use Only.
Beginning Retained Earnings 0.00$
Adjustments To Date 0.00
Net Income 13,265.75
Subtotal 13,265.75
James Crosby, Draw (2,400.00)
Ending Retained Earnings 10,865.75$
James Crosby Designer
Statement of Retained Earnings
For the Twelve Months Ending December 31, 2019